Colliers has strengthened its presence in Charlotte by appointing a seasoned commercial real estate pro to lead its brokerage operations.
The global real estate firm recently named Tiffany Johnson as executive managing director and Charlotte brokerage market leader, the Charlotte Business Journal reported.
Johnson has two decades of industry experience and will oversee recruitment, retention and business development. She is joining the firm after 12 years at CBRE in Charlotte, where she was managing director and global alliance director. She began her career as a broker in Phoenix.
Johnson will manage a staff of 30 and is charged with leading the growth in Charlotte’s retail, multifamily and office markets. Her extensive experience in occupier services and global client relations will be an advantage, she told the outlet.
Colliers’ Charlotte office houses the firm’s mortgage business and the chief operating office of occupier services. Johnson sees an opportunity to leverage these resources for client success.
Colliers’ brokerage team manages leasing for several office properties across Charlotte, including Three, Five, and Six Coliseum Centre; Creekside @ The Greenway; and 205 Regency Executive Park.
The vacancy rate in Charlotte’s office market was 22.2 percent in the fourth quarter, according to Avison Young. That’s lower than many major metros. A lack of development indicates less supply of highly-amenitized buildings, which many companies seek in relocation. Office investment sales spiked at the end of the year as buyers pulled the trigger on discounted assets that were facing financial distress and low occupancy.
Meanwhile, the multifamily market is experiencing significant growth. More than 14,300 apartment units came online in the Charlotte metro area between January 2023 and July 2024, according to MRI ApartmentData.
—Rachel Stone
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